Mad Money
Mad Money provides valuable information about stocks, steering investors away from danger zones and leading them to investments that can turn a lackluster portfolio into a powerhouse of profit. This book shows investors how to take the advice on Jim Cramer’s TV program and put it into action. It walks investors through the key decisions they have to make: understanding their tolerance for risk and defining their goals, doing the essential homework on a stock, and knowing how to buy and sell stocks the right way—the Cramer way. This is a true nuts-and-bolts guide to investing, from Cramer's detailed discussion of the sort of homework investors must do to his own guidelines for knowing when and how to sell stocks.
In Mad Money, Jim Cramer shares his best calls and his worst ones - extracting ten lessons from each that can profit every investor.
Cramer goes behind the scenes to explain everything from the reason behind his deliberate mispronunciations to his notorious chair abuse to the zany props and buttons that keep things humming.
This book describes Cramer's approach in sector and stock analysis, and provides insights into the business cycle and investing.
"Investing well isn't easy, but it is possible. My goal in life is to make it easier for you to make money."
Table of Contents
Introduction
Buying a stock Mad Money Style — Step One: Know Yourself and Your Goals
Buying a Stock Mad Money Style — Step Two: Do Your Homework
Buying a Stock Mad Money Style — Step Three: Use Limit Orders and Buy Incrementally
Selling Stocks the Right Way
The "Lightning Round": How We Do It on the Show and How You Too Can Pull It Off (and Why You Should Try)
The Lightning Round Home Game: Stock Market Strength Training
Why and How You Should Watch My CEO Interviews
New Mistakes, New Rules: Ten Lessons from My Bad Calls
Ten Lessons from Success: Some Buy and Sell Rules
How Do I Pick Stocks for the Show?
Everything You Wanted to Know about Mad Money but Were Afraid to Ask
Appendix A: Stock Worksheet
Appendix B: Cyclical Investing Update
Acknowledgments